Dec 17, 2016 08:21 AM EST

Lebron James News And Updates: The King Grabs a Spot In Forbes Richest Entrepreneurs Under 40; Know Lebron James' Net Worth

From Miami to Cleveland one thing is sure that indeed Lebron James can keep a promise to his hometown as he has always been a role model and an amazing athlete inside and outside the basketball court. The recognition he has been getting lately has proven that he tops the others in the field of sports with awards given to him in the recent days.

According to News Everyday, Lebron James has just made the cut into the Forbes top 40 Richest Entrepreneurs Under the Age of 40 with a net worth amounting to $275 million. The NBA Superstar ranks number 39 just behind his fellow USA teammate Kobe Bryant ($350 million), boxing icon Floyd Mayweather Jr. ($340 million) and singing diva Beyoncé Knowles ($290 million).

On the top of the list, it is no surprise that Facebook founder Mark Zuckerberg and Dustin Moskovitz still top the list of the richest entrepreneurs under the age of 40 as their net worth amounts to $50billion and $9.6billion respectively. For Lebron James it is his first time to appear on the Forbes list of richest entrepreneurs around his age.

According to Forbes, the Cavalier supertar's net worth will just be getting higher as the years go by thanks to the deal with Nike, Tv commercials and his team Cleveland Cavaliers. Last Monday, James received his second Sports Illustrated Sportsperson of the Year award, joining him were athletes of different sports at the Barclays Center in downtown Brooklyn.

Just days before receiving the Sportsperson of the Year award, Lebron James also advanced into the NBA all time scoring list making him ninth overall surpassing the great Elvin Hayes. "The King", as he is known for has already made 27, 300 points in his career and still counting making him move forward in the all time scoring list. For more details regarding the latest NBA news and latest updates feel free to visit Jobs & Hire.

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